Czech Republic LLC

A Czech Republic LLC (Limited Liability Company) formation is a flexible, offshore, international LLC company model that gives a broad foundation, allowing the company to form its structure according to its own rules, rather than through a rigid mandate. Company model that gives a broad foundation for overseas business operations.

Key Features Czech Republic LLC

Czech Republic LLC

Corporate Details

General

Type of Entity

Limited Liability Company

Registered Office in Czech Republic

No (but must have a registered local agent)

Our time to establish a new company

3 days

Corporate Taxation

No

Access to Double Taxation Treaties

No

Share Capital or equivalent

Standard Currency

Czech Koruna

Minimum Paid up capital

CZK 200,000

Managers

Minimum number

One

Local required

No

Publicly accessible records

No

Location of meetings

Anywhere

Corporate directorship allowed

Yes

Members

Minimum number

One

Publicly accessible records

No

Corporate shareholder allowed

Yes

Location of meetings

Anywhere

Company Secretary

Required

No

Local or qualified

No

Accounts

Requirements to prepare

No

Audit requirements

No

Requirements to file accounts

No

Publicly accessible accounts

No

Other

Requirement to file annual return

Yes

Migration of domicile permitted

Yes

Advantages of Czech Republic LLC

Annual filing of accounts are not required

Shareholders and Directors is known only by the trustee company

Foreign creditors are limited in their capacity

Members and Managers cannot be held liable for the debts of the LLC

Flexibility of LLC structure as defined by the LLC rather than a restricting legislative mandate

The Czech LLC can be managed by the members or by managers independent of the members